Auto Repair
Somerset, New Jersey
| Asking Price: |
Gross: |
Cash Flow: |
| $135,000 |
$360,000 |
$133,064 |
Furniture and Fixtures Value:
$60,000 (included in the asking price)
Inventory Value:
$1,500 ( not included in the asking price)
Business Summary:
3 bay repair garages with 3 lifts located on Route 22 east, with parking for 30 cars. This repair shop is located in the middle of the car market on both sides of Highway 22. Establishment has repair agreement with Dealer for repair of other brand cars traded into dealers, plus loyal repeat customer base of 30 years of being in business. Satisfaction of customer’s base is extremely important to sellers. Senior partner has health issues and wishes to retire. Golden opportunity for the right person who can handle Auto repair-being SOLD at Extremely Low Price. There is option to buy property from landlord.
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| Year
Business was Established: 1978 |
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| Number of Employees:
3 |
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| Facilities / Terms of Lease:
1,600 sq. ft. B Bay Auto Repair Facility with 30 car parking located on extremely well translated highway. |
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| Potential
Growth/Expansion:
Getting repair contracts other than the agency it presently has can bring in offset by staying open longer hours as present business is always busy. |
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| Competition:
This is the heart of the new car dealership – getting contracts from auto repairs is very easy. |
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| Owner
willing to finance:
Negotiable |
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| Owner
willing to train:
2 weeks |
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| Reason for selling:
Elder partner is ill and wishes to retire. |
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| REQUEST MORE INFO |
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